Car Sales Fell by 22% in November 2024 From October reflecting a 57% year-on-year (YoY) rise but a 22% month-on-month (MoM) fall in sales. Car Sales Fell by 22% Based…
Seven $560mn MoUs signed with Saudi Arabia Pakistan on Monday said that seven out of the 34 Memorandum of Understandings (MoUs) signed with Saudi Arabia have been translated into contracts…
Toyota Temporarily Stops its Operations Again in Pakistan. Toyota Temporarily Stops its Operations Again in November 2024 Indust Motors Company has just announced another temporary closure of their main production…
Petrol Price May Rise Again in Pakistan From Nov 16 Pakistan is set for another hike in petroleum product prices, a trend that will drive further spikes in economic challenges…
Rupee largely stable against US dollar The Pakistani rupee held up relatively well against the US dollar as it shed off 0.01% in the first few hours of trading at…
Many Gulf markets subdued on regional tensions Gulf Tensions Most stock markets in the Gulf were subdued Sunday after a report suggested Iran might be preparing a retaliatory strike on…
Climate Change can reduce GDP by 17% by 2070: ADB New Asian Development Bank (ADB) research finds that the impacts of climate change could reduce gross domestic product (GDP) in…
Sugar exports boost Pakistan forex reserves to $120 mn Sugar Exports Brings Joy to Pakistani Economy ISLAMABAD: Pakistan earned around $120 million so far from the export of surplus sugar,…
Gas Companies Seek Price Hike to 54% Pakistan's two gas distribution companies, SSGCL and SNGPL have sought an increase up to 54 percent so that these firms might offset revenue…
FBR Increases Property Rates By Up to 75% in 56 Cities across Pakistan The Federal Board of Revenue has upward revised values of immovable properties in all the major cities…
Bike Prices Increased in Pakistan: November 2024 Update on Honda & Suzuki Pakistan's motorcycle market experienced another price increase as multinational brands, such as Honda and Suzuki, increased prices. Read…
Pakistani rupee up by 5 paisa against US dollar KARACHI: The local currency, Pakistani rupee, remained almost stable against the United States dollar as the value gained 0.02 percent in…
Profit Repatriation up 88% in Q1 FY-25. $393.4 million in July-September 2024-25, marking an 84.7 percent increase compared to $212.9 million. Read More: Defence Savings Certificates Profit Rates March 2024…
Pakistan’s liquid foreign reserves at $ 16.01 bn The total liquid foreign reserves of Pakistan stood at US$ 16,017.1 million as of October 18, 2024. Read More: SBP Reserves Climb…
Govt keeps petrol price not changed, hikes HSD by Rs.5 Fortnight Fuel Prices in Pakistan: Govt keeps petrol price not changed The government, led by Prime Minister Shehbaz Sharif, announced…
Pakistan-China agree to sign 13 accords to strengthen multiple cooperation Pakistan and China ink 13 accords, MOUs Pakistan and China signed 13 agreements and Memorandums of Under-standing (MoUs) on Monday…
Petrol Diesel Prices May See a Big Rise from Oct 16 Fuel Prices May Rise from Oct 16th The series of petrol cuts may ready consumers in Pakistan to face…
Pakistan sees 29 % surge in remittances in September ISLAMABAD: Overseas Pakistanis sent a whopping $2.849 billion back home in September 2024, marking a significant 29 per cent jump compared…
Chevron Transfers $550m to Settle Tax Disputes Chevron and Richmond Settle Major Lawsuit: $550 Million Agreement Reached In a significant development, Chevron, the City Attorney, and a Richmond City Council…
US Record 3% Surge in Job Cut Announcements. US Job Cuts See Upward Trend: Automation and Restructuring Drive Layoffs The recent job market in the United States paints a complex…
Illicit Economy of Pakistan has always been under discussion on different forums due to tumbling economic conditions. Beneath the vibrant façade of Pakistan's economy lies a clandestine world of illicit…
